Xin Hwa Holdings Bhd 2022 AR2
The report outlines Xin Hwa Holdings Berhad's financial and sustainability performance for the fiscal year ended March 31, 2022. During the year, the company achieved a revenue of RM105.4 million, representing a 7.8% year-on-year increase, driven by its warehousing and distribution segment. Xin Hwa officially commenced operations at its new 300,000 square feet Shah Alam E-Fulfilment Centre, expanding its total warehousing capacity to 1.1 million square feet. On the sustainability front, the company maintained its track record of zero workplace fatalities for the third consecutive year and invested RM31,000 in employee training. Additionally, the company proposed to acquire a 79% stake in Micron Metal Engineering Sdn Bhd to diversify into precision machining components manufacturing.
Company: Xin Hwa Holdings Bhd
Sector: Industrials
Country: Malaysia
Year: 2022
Type: AR2
Pages: 162
Xin Hwa Holdings Bhd
Annual Report
The report outlines Xin Hwa Holdings Berhad's financial and sustainability performance for the fiscal year ended March 31, 2022. During the year, the company achieved a revenue of RM105.4 million, representing a 7.8% year-on-year increase, driven by its warehousing and distribution segment. Xin Hwa officially commenced operations at its new 300,000 square feet Shah Alam E-Fulfilment Centre, expanding its total warehousing capacity to 1.1 million square feet. On the sustainability front, the company maintained its track record of zero workplace fatalities for the third consecutive year and invested RM31,000 in employee training. Additionally, the company proposed to acquire a 79% stake in Micron Metal Engineering Sdn Bhd to diversify into precision machining components manufacturing.
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Document Details
Report Year
2022
Reporting Period
Apr 1, 2021 - Mar 31, 2022
Fiscal Year
2022
Published
Aug 26, 2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees